Shares of newly listed online insurance technology company Waterdrop fell another 6.8% to end Tuesday (11 May 2021) at US$7.92. They had tumbled 12.4 per cent at Monday’s close. At its New York Stock …
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Travel ban for UAE hospital operator B.R Shetty upheld in Karnataka High Court
Mumbai: A court on Wednesday refused to let BR Shetty, the founder of troubled hospital operator NMC Health, travel to the UAE, as it upheld a previous ruling. Shetty’s NMC, the UAE’s biggest hospital …
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Loan demand in UAE makes remarkable recovery in Q1
The Q1 2021 survey showed in terms of expectations, survey respondents expressed a positive outlook towards the upcoming quarter, foreseeing a rise in demand for loans from both consumers and …
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Federal Bank ties up with Mashreq Bank to offer instant money transfers from UAE to India
Mumbai: Federal Bank has entered into a strategic tie-up with Mashreq Bank one of the leading financial institutions in the UAE, to facilitate money transfers from the UAE to India. The partnership …
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Banking group unveils wealth management branch in Dubai
As multi-family office creates UAE operation to tap into the ‘underserved’ region #dubai #uae #wealthmanagement …
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This CEO is on a mission to create global citizens
DU Digital Globals Shivaz Rai has worked relentlessly to cater to the migration and business needs of executives.
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UAE, Italy export credit agencies discuss collaboration
Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian export credit agency recently discussed partnership in supporting sustainable development projects, trade …
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Federal Bank enters into tie-up with UAE’s Mashreq Bank
Federal Bank said on Monday it has entered into a strategic tie-up with UAE-based Mashreq Bank to facilitate money transfers from the UAE. Mashreq is one of the oldest banks and also the only …
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Federal Bank Joins Forces With Mashreq Bank to Offer Instant Money Transfers From UAE to India
Federal Bank announced on Monday it has joined forces with UAE financial institution Mashreq Bank to facilitate money transfers from the UAE to India. According to Federal Bank, the partnership will …
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Fitch Affirms Abu Dhabi Islamic Bank at ‘A+’; Outlook Stable
Fitch Ratings has affirmed UAE-based Abu Dhabi Islamic Bank’s (ADIB) Long-Term Issuer Default Rating (IDR) at ‘A+’ with …
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Last Call for Dubai – Updates from the iFX EXPO
The expo will be bursting with great speakers and brands in addition to old friends, new partners and exciting fintech connections.
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Federal Bank, Mashreq Bank of UAE ink pact, to offer money transfer
Our Bureau Federal Bank has entered into a tie-up with Mashreq Bank, a leading financial institution in the UAE, to facilitate money transfers to India. The partnership will support Mashreq’s faster …
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Fitch Affirms Emirates Islamic Bank at ‘A+’; Outlook Stable
Fitch Ratings has affirmed UAE-based Emirates Islamic Bank PJSC’s (EI) Long-Term Issuer Default Rating (IDR) at ‘A+’ wi …
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Dubai’s Shuaa Capital records highest Q1 profits in a decade
Looking ahead to Q2, Shuaa is looking towards a ‘healthy pipeline of activity and deals across the platform, including some transactions which saw delays in completion in the first quarter of the year …
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Abu Dhabi’s ADNOC invites banks to pitch for bookrunner roles for drilling unit IPO
The oil giant invited a handful of international and local banks to take part in the process of the public share sale of ADNOC Drilling, which is due ..
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Tadweer CEO says Saudi electronic equipment recycling market valued at SAR 10 bln, to arrange IPO in H2 2021
Nasser Aldueb, CEO of Tadweer .tb_button {padding:1px;cursor:pointer;border-right: 1px solid #8b8b8b;border-left: 1px solid #FFF;border-bot …
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How Dubai-based start-up nybl has ‘ripped up the playbook’ for AI
Science-based AI pioneer announces latest acquisition and reveals plans for an upcoming IPO Science-based artificial intelligence (AI) pioneer, nybl, has acquired Nubila, a visual data mining and …
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